Financial News

Financial Stocks: Financials rise after jobs, housing data
The U.S. financial sector edges higher Thursday as investors react to a flurry of economic data, including a modest drop in weekly jobless claims and a rise in pending home sales.

Financial adviser code approved
The Commission for Financial Advisers David Mayhew has approved the draft code of conduct for financial advisers, after initially sending it back for re-working. Mr Mayhew recently rejected the draft code, writing to the code committee expressing concerns about three parts of the code he said were inconsistent with the Financial Advisers Act 2008. Today he sent the draft code to Commerce ...

Financial Short Squeezes for 2010
These financial plays, including Royal Bank of Canada, have the potential to see a short squeeze in the mid-term.

Financial Crisis Commission Examining Wachovia
The panel investigating the U.S. financial meltdown will put Charlotte's Wachovia Corp. under the microscope on Wednesday. The Financial Crisis Inquiry Commission on Monday said former Wachovia chief executive Bob Steel will be one of the witnesses at a hearing in Washington.

CI Financial reports $15 million in net redemptions for August
CI Financial Corp. had gross retail sales of $587 million and net redemptions of $15 million for the month of August, the fund management company said Thursday.

Financial crisis hearing calls on Lehman's Richard Fuld
Congressional panel to look at the 'too big to fail' predicament and investigate the causes of the financial criss An inquiry panel is hearing from former CEOs of two big banks that succumbed to the financial crisis, Lehman Brothers and Wachovia, as it delves into the "too big to fail" predicament and potential systemwide risk from financial institutions. Federal bank regulators also are ...

Financial Stocks: Financial sector jumps nearly 4% in rally
The U.S. financial sector climbs Wednesday after a key manufacturing index unexpectedly rises for the first time in four months.

Wells Fargo: Financial Winners & Losers
Financial stocks were slightly up Thursday.

Crescent Financial Buys $3.2 Million Stake in IT Trading
Crescent Financial Partners Inc. announced it purchased a $3.2 million stake in IT Trading, LLC’s proprietary trading software, which deploys a statistical arbitrage trading model that has been under development for nearly a decade.

Financial Controller - EMEA
Recruiting a Financial Controller for the EMEA region of this listed marketing services business. The company is a global leader in its field and provides cutting edge services to its clients.

Crescent Financial takes $3.2 million stake in IT Trading
Crescent Financial Partners, Inc., located in Beverly Hills, California, has announced the purchase of a minority stake in IT Trading, LLC's ...

Financial Services Manager. - 35k
Fantastic staff retention and favourable bonus schemeHot Desk managing experienced and profitable financial services consultants The world?s leading recruitment provider, renowned for providing an exceptional service to candidates, clients and their employees, is looking for a Manager to run a profitable and successful Financial Services team.

Financial Times targets businesses with new campaign
The Financial Times is rolling out a global corporate marketing campaign to promote the FT subscription as an essential tool for businesses.

Financial Services Regulatory Lawyer 1-3pqe - City Firm
THE FIRM Our client is a leading City firm with a strong financial services and regulatory practice. THE ROLE The financial services group is seeking to recruit a 1-3 PQE to join its team of 5 partners, 11 assistants and 4 trainees. Its financial services lawyers advise on a broad range of issues.

Financial Peace University class to help families get out of debt
CEDAR CITY ? During this challenging economy, it's important for Utah families to create sound financial goals. Dave Ramsey's Financial Peace University helps people identify and prioritize goals that include managing debt, saving money and building wealth.

Wesco Financial Corporation Announces Formation of Special Committee of Board of Directors
Wesco Financial Corporation (NYSE Amex: WSC) announced today that its Board of Directors has received a formal written proposal from Berkshire ...

Financial advisors to be more accountable
2 September 2010 Moves to make financial advisors more accountable, are closer to becoming law.

How Financial Advisers Are Shifting Investments
Here is what financial advisers are recommending to clients for the rest of 2010.

Financial Planners Push to Extend Fiduciary Standard
The Financial Planning Coalition has asked the Securities and Exchange Commission to extend the fiduciary standard of care to broker-dealers and other financial professionals who provide personalized investment advice to retail customers.

Financial Reforms Will Help Curb Systemic Risk, Regulators Tell Panel
New powers from the financial reform law will help avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers, U.S. regulators said ...

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